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Search Results for: Engility

December 16 Market Close: GovCon Index, US Stocks Climb as Fed Pulls Trigger on Interest Rate Hike

The GovCon Index held steady in positive territory over morning and midday activity then surged in the afternoon session to close at a gain of 1.21 percent to 76.944 on news that the Federal Reserve increased interest rates for the first time since June 2006. Short-term interest rates will go up 0.25 …

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December 14 Market Close: GovCon Index Down, US Stocks Slightly Green on Oil Bounce

The GovCon Index turned around a sharp late morning decline Monday with a rally in a choppy afternoon session but fell short of a full recovery as it closed at a nominal loss of 0.063 points to 75.717. U.S. crude oil futures nearly hit an 11-year low in early-morning activity but ended the day with a …

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December 8 Market Close: GovCon Index, US Stock Losses Deepen on Commodity Pressure

The GovCon Index fell for a consecutive day at a decline of 0.573 points to 77.530 as continued declines in commodity prices kept U.S. stocks in negative territory for a second straight session. Three out of 30 stocks closed positive with CACI International (NYSE: CACI) the top Index gainer out of three …

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Ambit Group Hires Jane Forman as Adviser, Joan Cannaday as Associate VP

Jane Forman and Joan Cannaday have joined Ambit Group as adviser and associate vice president,  respectively. Forman, formerly a principal at Deep Water Point, will aid in the company’s effort to develop and apply best practices to government clients, Ambit Group said Thursday. She previously held roles such as senior VP …

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Weekly Roundup Nov 30 – Dec 4 2015: Lockheed Presses Pause on IT Biz Separation & More

Weekly Roundup Nov 30 – Dec 4 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s largest aerospace and defense contractor’s message to investors and other GovCon industry observers this week on the future of its government services business can …

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December 1 Market Close: GovCon Index Rallies as US Stocks Extend Gains

The GovCon Index recovered some ground from Monday’s decline and adjustment from the addition of CSRA (NYSE: CSRA) to end at a gain of 0.649 points to 78.713 on Tuesday. U.S. investors appeared to discount the latest Institute for Supply Management index figure that showed a decline to 48.6 in November from October’s 50.1 …

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November 25 Market Close: GovCon Index Shows Little Change on Light Volume Day

The GovCon Index treaded in neutral territory on a light-volume day in markets and closed at a nominal loss of 0.007 points to 79.674. U.S. markets are closed Thursday for Thanksgiving and will be open Friday until 1 p.m. Eastern time. Science Applications International Corp. (NYSE: SAIC) and BAE Systems (over-the-counter) showed gains after the …

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November 24 Market Close: GovCon Index Up on Cubic Earnings, Dow and S&P 500 Rally Late

The GovCon Index rebounded Tuesday with a gain of 0.133 points to 79.681 on earnings from defense and transportation contractor Cubic Corp. (NYSE: CUB) that exceeded analyst estimates for both its full 2015 fiscal year and fourth quarter. Shares in San Diego-based Cubic closed up 5.51 percent to $48.10 and peaked at …

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Air Force Adds 10 Firms to Potential $5B Cyber, Info Systems Support IDIQ

The U.S. Air Force has selected an additional 10 companies to compete for task orders to research, develop and test cybersecurity and information system management tools under a potential five-year, $5 billion contract. These companies will join the six vendors initially awarded small business set-aside positions on the multiple-award contract last month, the Defense Department …

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